Loan Administrator Vacancy at Skill Enhancement Centre (SENCE) Limited

Skill Enhancement Centre (SENCE) Limited - We are a Business Consultancy firm focused on small/medium businesses. Our goal is to provide our clients with the support they need to grow their businesses by providing them with value-added and convenient services in a friendly atmosphere.


We are recruiting to fill the position below:

Job Title: Loan Administrator

Job opening ID: 196
Location: Lagos
Job type: Full time

Roles and Responsibilities
The following are the roles and responsibilities of this role:

• Review all Loan documents prior to Funding
• Verification of Internal Credit Approvals and Loan Covenants
• Review, Certify and Safeguard all Collateral/Document Submission in accordance with RESOLUTION FINANCE LIMITED Loan operation policy/process manual
• Prepare, on a regular basis, draft correspondence to Borrowers providing information on their arrears and sanctions position indicating their negative implication both on the Borrowers and RFL
• Verify the bi-monthly arrears position of Borrowers, and monitor system for prompt identification and processing of overdue loan repayments.
• Interest income recognition as well as other necessary accounting ledgers to be maintained.
• Maintain Collateral Inventory and accurate accounting of all activities
• Identify and Register Loan Repayments ensuring correct application of Funds and summary ledger
• Maintain orderly physical Loan files with copies of critical documents justifying the entries in the loan accounts as well as correspondence with the borrowers and other departments within the RFL
• Perform other related duties as assigned

• Ability to communicate effectively
• B.sc degree in Business Administration, Accounting, Finance, Economics or equivalent experience;5+ years experience in financial industry. Professional qualification would be an added advantage
• Time management skills
• Negotiation skills
• Must be an active listener
• Strong judgment and decision making skills
• Work experience: 5-8years
• Must be service oriented
• Good complex solving skills

• Attractive.